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HPCL Page-2

Tata Power, HPCL join hands to set up EV charging stations

Both the entities also intend to additionally explore areas of opportunities & collaboration in related fields like renewable energy.

27 Sep 2018 1:31 PM

ONGC repays a third of loan taken to buy HPCL

ONGC had in January received government approval to sell its 13.77 per cent stake in Indian Oil Corp.

19 Aug 2018 3:58 PM

HPCL digs in heels, says acting as per statute in not recognising ONGC as promoter

ONGC seeking recognition as the promoter of the company post-acquisition of majority stake in HPCL.

09 Aug 2018 1:16 PM

Despite U.S. Pressure, Iran No. 2

State firms that buy oil from Iran include MRPL, Indian Oil and HPCL.

24 Jul 2018 5:59 AM

Reliance vs PSUs: Battle for pipelines to supply jet fuel in Mumbai hots up

Reliance, which produces a fourth of India's aviation turbine fuel, wants access to the pipelines.

15 Jul 2018 11:28 AM


Govt giving false hopes on economy

The government’s actions are around creating a feel good tactic rather than a serious economic effort.

05 Jul 2018 12:23 AM

ONGC to nominate one govt director on HPCL board

Till now HPCL had two government nominee directors - Rath and Sandeep Poundrik.

29 May 2018 2:40 PM

HPCL fourth-quarter profit falls nearly 4 per cent

Net profit was 17.48 billion rupees in the three months ended March 31, compared with 18.19 billion rupees.

23 May 2018 8:30 AM

Abu Dhabi oil giant to pick up stake in Ratnagiri refinery project

Saudi Arabia was the biggest oil supplier to India till 2016-17, but slipped behind Iraq last fiscal.

12 May 2018 10:53 AM

Oil companies say no directive from govt to defer price hike

Shares of IOC fell as much as 7.6 per cent after the news of government asking oil firms to not raise prices broke.

11 Apr 2018 7:45 PM


HPCL gets green nod to set up Rs 136 crore LPG plant in Bihar

Govt's aim is to increase LPG penetration to 75 pc by addition of 5.5 crore new LPG connections till 2019-20.

06 Apr 2018 2:51 PM

ONGC to sell OPaL stake to fund HPCL buy

ONGC had borrowed money from banks to buy government's 51.11 per cent stake in HPCL for Rs 36,915 crore.

09 Mar 2018 4:16 PM

ONGC seeks shareholder nod for HPCL deal

ONGC bought entire shareholding of the government of India in HPCL at Rs 473.97 per share.

01 Mar 2018 2:06 PM

Moody's affirms ONGC's stable ratings following HPCL buy

Moody's Investors Service, affirmed ONGC 'Baa1' local and foreign currency issuer ratings.

31 Jan 2018 11:11 AM

ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buy

ONGC is funding the Rs 36,915 cr acquisition of govt's 51.11 pc stake in oil refining and marketing firm HPCL.

23 Jan 2018 2:23 PM


Pradhan justifies exempting ONGC from open offer for HPCL

HPCL will continue to remain a central public sector enterprise by virtue of govt holding majority stake in ONGC.

23 Jan 2018 10:14 AM

HPCL may acquire MRPL in cash, share-swap deal

India's biggest oil and gas producer, last week announced acquisition of HPCL for Rs 36,915 crore.

22 Jan 2018 2:18 PM

ONGC stock jumps 6 pc on 51.11 pc stake acquisition in HPCL

ONGC will pay Rs 473.97 per share for 77.8 crore shares of government in HPCL.

22 Jan 2018 11:24 AM

ONGC to acquire govt stake in HPCL for Rs 36,915 crore

ONGC will pay govtRs 473.97 per share, a premium of over 10 per cent of 60-days weighted average of HPCL's scrip.

20 Jan 2018 5:22 PM

No relief for Thane petrol pump owners

The HPCL issued show cause notices to the concerned petrol pumps.

14 Dec 2017 1:31 AM